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Search Results 0 to 44 of about 45 (some duplicates have been removed)
plans to announce jack lew to replace tim geithner. the president is expected to do that tomorrow. and hilda solis announced she will resign, while attorney general eric holder announced he will stay on for a second term. jay carney was asked this question about jack lew. >> working on a signature. >> the treasury secretary's signature, you see, appears on all reserve notes, dollar bills during his tenure. here is jack lew's signature, it really is. and here is what jack lew's signature would look like on a dollar bill. not everybody can have the style of john hancock. it was once said that the president had the handwriting that neared that of an illiterate. and of course, there is this, that signature? it may be more legible than jack lew, tim geithner's signature became the very neat, very legible cursive in the right-hand corner. tim geithner said he was forced to change his signature before it was fit to print. richard wolfe, when i was chief of staff at the senate finance committee, we of course had to confirm treasury secretary. and i had when i was all done -- this thing wa
will be nominated to replace tim geithner. >>> a group of a dozen whales are trapped by a vast stretch of sea ice and residents there are pleading for some help. the mammals are gathered around a single hole in the ice in an desperate attempt to take in air through their blowholes. the canadian filters are asking the government to send an ice breaker quickly to guide the whales to open water. the team from canada's fishery department is expected to arrive today to resemble a scene right out of a hollywood movie, "big miracle." and here's dylan dryer looking at the weather. >>> we have good snow, especially in sat lake city where we could see up to ten inches of snow between tonight and tomorrow, but the west coast itself, the rain is trying to move onshore from seattle right down into california. even as we go into tomorrow we'll see rain showers in southwestern california. the big story nationwide is the heavy rain through louisiana right now. that has also been producing some tornado warnings so far this morning. you can see the showers are fairly light from seattle right down into portland, in
tim geithner. >> and today a team of federal investigators are focusing on why a commuter ferry slammed into a manhattan peer. people were wounded, one critically. >> people were on the ground. >> there's been an explosion in greece claiming the car booming is related to the defense ministry. >> a dozen of killer whales are trapped under sea ice. >> oscar nominations are out, "lincoln" leading with 12. >> barry bonds, roger clemmen, sammy sosa all face accusations of steroid use shut out by the baseball hall of fame. >> off the window to himself! >> turning on the channel right now. >> they clearly don't know the contact. >> all of that matters. >> hillary clinton made the first public comments after off a month dealing with a concussion and blood clot. >> i'm thrilled to be back. >> the president hosted a screening of 1600 penn with send tars who keep embarrassing the white house. as joe biden put it, why is everything looking? >>> welcome to "cbs this morning." we begin with a dangerous turn in the nationwide flu outbreak. the mayor of boston just de
will be nominated to replace tim geithner. >>> a developing story north of the border, residents in canada are pleading or outside help to rescue a group of whales trapped in sea ice. right now, the mammals are gathered around a single hole in the ice. the villagers are can go the canadian government to send an ice breaker quickly top a team from the canada fishery department is expected to arrive today. >>> now, for a look at the weather. it is kind of depressing, hopefully, they fare okay. dylan dreyer is here with the weather. >> thank you, good to be back. weatherwise, the east coast enjoying a really nice january thaw. in fact by the time we get to the weekend, temperatures will be well above average perhaps as much as 20 degrees. right now, we're talking about a lot of rain and it's falling around louisiana especially. yesterday, we picked up two to three inches of rainfall across parts of eastern texas. now, that heavy rain is going to sit over louisiana, through arkansas and eventually push into kentucky and tennessee and stay there for a while. it's not moving east ward all that q
. such as allowing kids to drink at home. we are hearing president obama is about to make pick tim geithner. bumpy ride on capitol hill. the details on that lye from the white house. plus, how the fight over the fiscal cliff could delay your tax refunds. look out now. ÷÷ what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. >> shepard: the bride and groom's big day got off to bumpy start when hot air balloon crashed moments after they said i dos. here it is. >> positions, everybody. brace. hold on. [scream] >> yeah! >> shepard: yahoos and then some screaming it was cell phone video from somebody on board the thing. the couple was enjoying a sun set balloon ride with the wedding party when a strong gust of wind blew it off course the basket backyard the balloon deflated onody's house. witnesses say they wer
of the treasury department. when we began this fiscal slope, curve, cliff discussion, tim geithner was involved, there was a sense jack lew would be involved. they were marginalized towards the end, and as glenn mentions, vice president biden was the guy to sweep in at the last minute to make the deal. congressional republicans sound like they don't really want to work with him. is that a problem for the administration? >> yes and no. the administration has done this in the past, you bring in the heavy to close the deal. it's like when you're trying to discipline your children, don't wait till your father gets home, you can kind of keep jack lew in the background to bring in him. there's a view of having someone who's strong, lew is not a fist pounder. lew derives his authority and respect from the command of the issues, and i don't mean the command of the issues, i mean the command of the numbers. he can dig down, divide fractions in his head. that's why he's a danger and threat to some house republicans. this isn't meant to be negative about the house republicans. they don't simply have sort
, is jack lou the right person to replace tim geithner as treasury secretary? and how will apple react it samsung widening its lead over that company in the battle for the smart phone supremecy. more ahead on our power rundown. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile,
daley. >> and when tim geithner was picked, having worked closely with hank paulson at the federal reserve bank during the crisis, people were comforted by that. they said, well, maybe he's not so liberal. well, as it happened, larry summers was an advocate of more stimulus than others in the administration. so you can't necessarily read that much. events are going to dictate, i think, whether this president adapts his own view necessary a way that people interpret it as going to the center or not. but for the moment, he knows where he is and where he wants to go. and he's picking somebody who can help them achieve his agenda. >> you know, the thing you point out, that this is a situation where business leaders probably wanted one of their own, they may argue they want somebody in there looking for pro growth policies. but maybe more important is somebody who was very familiar with the financial markets. that was somebody that tim geithner created a lot of confidence because he knew the markets so well, knew the underworkings. and when there were big issues, you knew there was some
but winning and the cme group parent of the cme itself. be right back. >> may replace tim -- tim geithner's treasury secretary, is it time for a ceo to join the tablet? the platinum closed. what president obama may stick to the republicans by minting a platinum:. looking for extra cash? how about selling your old cellphone? big ideas with the man who has automated that process. 30 past the hour and stocks now as we always do every 15 minutes. looking at gm. nicole: big news since we got gm and ford this week. these stocks have done so well, we hit new 52 week highs the general motors pulling back 1/4% on a recall. let's break it down all little bit recalling more than 69,000 trucks and vans globally and the problem is a steering column defect. you park your truck and it could potentially role way. we're talking about some names, if you have a general motors truck you should delve into this more but at first glance it is looking like a 2013 cadillac escalade and chevy avalanche, not clear what your those are but you should look into this because it could potentially be a problem. recalling
. >>> president obama has more spots to fill in his cabinet, tim geithner is expected to leave sometime around the nomination. there's a vacancy at the cia since general david petraeus stepped down. a source tells cnn a short list includes counter terrorism and homeland security adviser john brennan as well as acting cia director michael mother el, the man wearing the red tie in the video. >>> the attorney for one of the two ohio teenagers charged with rape wants a judge to postpone and move his clients trial. the 16-year-old high school football players are charged with sexually assaulting a girl last summer. the alleged attack took place at several parties over the course of the night. adam told cnn he wants the case moved out of steubenville. >> given its publicity and what we perceive as threats to individuals, perhaps witnesses and also defendants and defense council, we're concerned about safety issues at this point. secondly i'm concerned about whether or not the kid should be tried in this area. perhaps the fact that it is in the steubenville area is it's going to prohibit certain peop
treasury secretary. tim geithner is the last original member of the president's economic team. he leaves as three major deadlines loom. by end of february, the treasury will lose the power to borrow more to pay america's bills. across the board spending cuts to every federal program kick in on march 1. the government will run out of all congressional funding by the end of march. the current chief of staff is expected to inherit those headaches as geithner's replacement. president obama promised quick action on vice president joe biden's proposals on new gun control laws following the shootings in newtown, connecticut. >>> in newtown, connecticut, they are being overwhelmed by donations. though town officials said they have more than they can handle, toys, school supplies and other gifts keep pouring in in the wake of the massacre newtown now has a warehouse to hold the items being trucked in every day. a task force will figure out how to deal with all of the donations. >> people just want to feel like they're doing something. >> yes. >>> as we have reported the obama administration is pr
, possibly right before that with tim geithner's private calculations. >> how real is the concern among congressional democrats that as you crawl from crisis to crisis that it prevents the administration from advancing with long-range policies with regard to imgramigration or gun control. >> i don't think it should. the administration has enormous powers under existing law. for instance, they could institute large parts of the cap and trade bill which passed the house through regulation, through rule making and the president actually did institute a large part of what would have been our bill on immigration, the dream act through administrative action. the president has a lot of power and he should use it to solve the country's problems. >> how would you characterize your last stint in congress. how would you characterize that compared to this upcoming stint? >> well, we did a lot of good for a lot of people, particularly in our district and i think they'll be able to do it again. a lot of the best things that we did in the district had nothing to do with votes on the floor and the job
. >> chip, what do you think? tim geithner stepping down. how do you think it's going to impact? do you think, either of you, if the president were to ask tim geithner to stick around at least through that, like, listen, friend, can you extend this another six weeks because i don't want to go through a nomination fight in the middle of all of this as well, don't you think tim geithner would say okay? >> one thing i learned in politics, if the president of the united states asks you to do something, you usually do it. you do it enthusiastically. i think timothy geithner, i agree with what jimmy was saying, i think he knew for a long time he was leaving. they've had a long time to get their successor in place. i think it is going to be jack lew for a variety of reasons. in this fiscal cliff debate, we saw jack on the sideline and not fighting with the senators. think he was saving him for this nomination process. i think it is going to be jack. >> good to see you both. thanks, guys. >>> today's twitter question is how much control should congress have over a president's cabinet pick? here
tim geithner at the treasury department. how jack lew's influence will impact your wallet. >>> plus, lance armstrong, heading to oprah. but will he confess to doping? my next guest calls it ridiculous. don't miss it. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ and save hundreds with our best offer. get an adt security system starting at just $49 installed, but for a limited time only. that's an instant savings of $250. don't leave your family's safety to chance when you can take advantage of these savings now. call or visit adt.com/tv. both: i had a break-in. man: by the time we called the police, there wasn't much they could do. i felt so helpless. adt quickly called the police. i felt like it was over right away. feels like it's still not over. we lost our digital photos, financial records, things that insurance simply can't replace. [ male announcer ] protect yourself with the fast
. >>gretchen: quick headlines. tim geithner getting ready to cash out. now we know who will replace him as treasury secretary. fox news confirming president obama is choosing jack lew. casey anthony lawyers will appeal today. anthony was found guilty of lying to detectives. >>steve: you might have said you liked it when you got it, but what do you do with all those christmas presents if you didn't really like them and don't really need them? don't feel bad because roughly 10% to 15 partly cloudy of all christmas gifts are taken back or exchanged. that adds up to nearly $88 billion worth of things. how can you turn your unwanted gifts into cash? we are joined by an expert, sandra smith. good morning to you. >> good morning. >>steve: for one reason or another we get stuff for christmas maybe we don't need. we've got four of those already. you've got a way you can make some money. >> you can open a closet and dedicate it to all those unwanted christmas gifts and use them throughout the year. maybe you get candles and soaps you may not want. however you may be going to a dinner party later
currency should he be confirmed as secretary of the treasury. >> well, there is some hope. tim geithner had a messy signature in his past, but on the bill it's completely legible. looks like alexander hamilton. >>> next, aig has thought better about suing the federal government over the terms of the 2008 bank bailout. yes, the same taxpayer funded bailout that brought them $200 billion and saved them from bankruptcy. anyway, before the news of the potential lawsuit, aig launched an ad campaign thanking taxpayers for the bailout money. in light of the planned lawsuit, conan o'brien offered an alternative. >> aig, we said we were going to turn it around, and we did. >> we're now leaner and focused on what we do best. >> a profit of more than $22 billion. >> we turned it around. >> [ bleep ] you, america. >> [ bleep ] you, america. >> [ bleep ] you, america. >> from all of us at aig, seriously america, go [ bleep ] yourselves. >> it's tough to see how they even toyed with the idea of a lawsuit against the same government that saved them from bankruptcy. >>> next, if you're in congress and plan
they want to make will be on the debt ceiling. and ironically, i think if as tim geithner did, the secretary of the treasury, float this idea of abolishing the law that requires a congressional vote, that sort of the ultimate threat that the president has. whether he can get that through or not. but that's the ultimate nightmare for the tea party. >> quickly both of you gentlemen, i want your take on the filibuster reform that is pending. there is a lot of commentary being given in the senate about what should be done. would this make it a toxic atmosphere, eugene, if harry reid goes for the full ball of wax and really smokes them out the way they have been filibustering and changes the rule? what does that do to debt ceiling negotiations, if anything? >> well, i think it probably exacerbates the tensions and the bad feelings in the senate, and where the feelings are not that bad right now. i don't know that he will try to push forward on that. >> what than, howard? >> i think he might try it. i think he is being pushed to try it by liberal constituencies who might see that as a payback for
future. i'll ask the co-chair for the campaign to fix the debt what lies ahead. >>> and report that tim geithner will leave before that battle has many wondering how that could affect the economy. >>> if you think hillary's departure of the secretary of state will leave the country without a clinton on center stage, think again. >>> and "office politics." i talk to al roker from everything from the fiscal cliff to the first one-on-one he scored with the president after his short inauguration. good morning, welcome to "weekends with alex witt." we have front page politics. with the fiscal cliff deal behind us, president obama is turning his attention to the next battle in today's weekly address, the debt ceiling. >> one thing i will not compromise over is whether or not congress should pay the tab for a bill they already wracked up. if congress refuses to give the united states the ability to pay its bill on time, consequences for the entire global economy could be catastrophic. >> meanwhile, during a closed door meeting on friday, john boehner told members of the gop conference he plans
treasury secretary, tim geithner. we knew he was going to leave. but now, he's saying he's going to leave right after the inaugural and not be around for that confrontation. >> reporter: that's right. not a surprise he's going. but he was going to follow through this fiscal cliff debate. that's only part-over. the debt limit fight's a big one. he'll have a new treasury secretary. it will almost certainly be jack lew, his current chief of staff. so, kind of a shuffling of chairs. but this is the last of the economic team left in the white house, geithner. >> jon karl, thank you very much. looking forward to you joining our powerhouse roundtable on "this week" this sunday. i'll also be interviewing senate republican leader, mitch mcconnell. >>> now, to the growing backlash over the movie "zero dark thirty." the movie chronicles the hunt for osama bin laden. three senators, including the chair of the senate intelligence committee, are now putting pressure on the cia to reveal just how much information it gave to filmmakers. and whether or not the agency deliberately tried to mislead them int
secretary. >>> also, treasury secretary tim geithner planning to leave later this month, sometime around the inauguration. >>> seven minutes past the hour. with heavy little hearts and under very heavy guard, classes have resumed for students at sandy hook elementary school. hit the books for the first time since the massacre three times. they were held in a school in nearby connecticut made to look like their old school. students were anxious to resume study. >> we took the bus. had the normal routine, getting them breakfast, getting backpacks packed and then we went out and waited for the bus. as soon as the bus came, they didn't look back. bye, guys. waved and ran on the bus. >> everybody worked so hard to make this as normal as possible for the kids. teachers and school administrators tried to make it as normal as possible. kids cubbies and desks moved intact. tried to recreate some of the rooms for them as well. just such an amazing effort. i wish them all well. >> there is word that former congresswoman gaby gifford may visit the newtown families today. the lieutenant governor said
to replace tim geithner. geithner had signature problems too. previous secretaries penned readable if not memorable signatures. geithner told public radio last week india is to blame. >> i took hand riting in india. i probably didn't get the best instruction. >> even if he did, he doesn't know where to begin. >> he has a symbolic strange signature. if he caressing legacy, he'll adjust his signature so that it's less transparent. >> now, for those of you who are wondering, my signature has ledgeability issues of its own, but nobody's asked me to be treasury secretary and definitely never will. >> thank you, major. >> what's interesting about this is why does he sign his name that way? >> i don't know, charlie. i was trying to figure out which is the jay, which is the a. i can't tell. do you think he'll change it? >>> we drink coffee in the morning to help us wake up, but did you know coffee might also fight off depression? we'll show you how many cups you may need to stay happy next. >>> and there's an investigation of an outbreak of legionnaires' disease. why hospital officials wou
treasury secretary tim geithner. you can see live coverage on the companion network, c-span. this week at six eastern on c-span2 we are featuring past programs to read to the supreme court justice antonin scalia on the book making your case the art of persuading judges and gives advice to lawyers on presenting oral argument. then at seven eastern it's another programs to convert >> back in the private student lending markets. you saw a lot of families who were not necessarily going to the colleges and another student was going to say in music school i wrote an article about a gardiner who said his son to college, the first in the family to go to college. the dad made about $21,000 a year in family income and he was able to borrow 6 feet to six figures for his son. there was no underwriting. and this lender by the way settled with the attorney general's office because i don't know if you remember, it was called the preferred lender list where the lender's word in some cases accused of pay schools for preferential treatment and for them to sort of steerer students towards a particular lo
's much rumored pick to succeed treasury secretary tim geithner. the odds on favorite jack liew. he would expect to be confirmed, but some in the business community, they're concerned, because he has little market or business experience. >>> and an eerie twist here in the search for that missing plane carrying fashion icon vittorio missoni. his wife and five others, a plane vanished friday off the coast of venezuela. but according to these new reports, the son of one of the men on board got a text message sunday night that said and i'm quoting this text, call now, we are reachable. the italian telephone company confirmed the message was sent but couldn't verify when it was written. crews continue the search off the country's coast. >>> in seaside heights, new jersey, look at this. look at this closely with me. this is that roller coaster and you see this man, he climbed to the tip-top of it, to call attention to the recovery from superstorm sandy or the lack thereof. there he is, scaling the same coaster chris christie said he vacationed at, took his kids to. the structure swept into the
secretary tim geithner, expected to leave at the end of the month. what is the administration saying about this search for his successor? they must be racing the clock now. >> that's right, they are. you have the debt ceiling, a battle coming up, there are other economic matters that have to be dealt with over the next few months and it's important for the president to make this election, we expect the president will be making some announcements as early as next week. we reached out to the treasury department yesterday, a spokesperson telling me that treasury secretary geithner will be around until around the inauguration, and that they won't talk exactly about the timing of his departure until a successor is named but no doubt, this is a crucial cabinet position that the president is mulling over while here on vacation in addition to some others as well, such as the cia, and the defense department, victor. >> dan lothian traveling with the president, thank you for joining us for that. let's see how the markets are reacting to the jobs numbers. alison kosik at the new york stock exchange.
tim geithner. >> hillary clinton is leaving. john kerry coming in. before she goes, she will testify on the attack on the u.s. consulate in benghazi. >> reporter: that's right. the white house fully expects that hillary will testify on benghazi before she leaves as secretary of state, doing something republicans have been demanding for a long time. >> jon karl, thanks very much. >>> now, to the fire that broke out on a boeing dreamliner at logan international airport in boston, right after passengers got off that jet. the japan airlines 787 was parked at the gate. no one was injured. but the fire was the latest in a string of incidents for the high-tech new jetliner. abc's jim avila is in washington with the latest. jim, good morning. >> reporter: good morning, amy. few things are as frightening as smoke on an airplane. but fortunately, in this case, the only real damage was done to the reputation of boeing's new dreamliner airplane. firefighters at boston's logan field, dousing smoke on the plane of the future, boeing's 787 dreamliner. a plane made mostly of carbon fiber, a fancy na
tim geithner is going to leave possibly by the end of the month, which means ahead of all of the debt ceiling talks. do you think that would hurt the economy if he's not there to be the one to help sort of, i don't know, keep everything on balance? >> i do worry a little bit about this. there's no clear person who would have been named if he's leaving at the end of the month. the name tossed around most commonly is jack lew. but he's not a clear candidate yet at least. secretary geithner has been very instrumental in talking to the congress for the last couple years about the budget and about the debt ceiling. he was very involved in 2011. he's obviously been very involved the last couple of months. if he leaves, i think we could -- it really depends who takes over for him. but i think we're -- i think we're looking at a lot of big issues to face before march and so it's really going to come down to who that person is that takes over. >> yeah, certainly. have to talk a little bit of football because we always talk about the commercials and the super bowl and how much money they bring
considered failures. tim geithner's tenure has been controversial but i think broadly speaking what he did to write the financial system will be considered a tremendous achievement in the annals of economic policy-making. but again, they are in something of a rut, i think, in their economic policy-making at this point, and particularly in their approach to dealing with republicans. a lot of that, i'd say frankly the bulk of that blame falls on the house republicans and john boehner. but it's nevertheless a case that they just put somebody into the treasury department who they intend to have lead a lot of their budget battles who john boehner at this point essentially refuses to work with. during the 2011 negotiations, they said boehner and the republicans said we just don't want to deal with lew anymore. we don't feel we can get him to say yes to us. now, to some degree that might be because lew is reflecting the will of the president, but i just think there's a kind of a siege mentality a little bit at the white house that's showing up in their appointments, which is understandable, but i
attain to. >> exactly. >> tim geithner who apparently jeff sessions thinks is a great guy, he was at the fed while this stuff was going down. he was part of the clinton administration that deregulated wall street that allowed the whole thing to go down. and yet now he's got gravitas. all of them are tainted, whether it's by bonuses or policy setting. you know, jack lew is one of the less offensive, maybe totally inoffensive thing -- the only thing people are objecting to is the signature. that tells you something. >> what do you make of, say, jeffrey sachs arguing a couple days ago that there's a problem having wall street people going to the treasury because, you know, you've got foxes guarding the henhouse? >> there are two pieces -- actually now like three or four pieces of financial regulation. treasury deals with part of it, but they also have to deal with all sorts of economic policy including maintaining confidence in the financial markets. that used to be one of the big roles that people like bob ruben were to be able to do. there are multiple roles treasury secretary
that to tim geithner. >> you could have a great year based on currency fluctuation and horrible year based on things out of your control. >> the kinds of things we're selling, a lot of them are long term capital goods. fluctuations day-to-day are not a big impact. large businesses are more impacted by fluctuations. the larger project whether building power plant or airplanes is less impacted. >> are you frustrated in the slowness of getting trade deals done? >> we had three trade deals done and we're now executing them. we had a record deal in c colombia. still banks think of colombia 10 years ago, not 21st century. it's been a strong market for energy and small business. >> where are we in small business? what's the left you'd like to see done? >> free-trade agreements? >> yes. >> i leave that to the trade reps. i think trade agreements are hard to do. look how long it took to get the last three done. they're just really hard to do. there's a lot of discussion. what i'm really focused on is emerging markets where we step in at the export import bank and close those deals. seeing a lot of
president obama tapped current white house chief of staff jack lew to take the place of tim geithner, and we expect that announcement tomorrow. jay carney likely to get questions about that today at the white house briefing set to start at 2:15 eastern now, and it will be live here on c-span2 live coverage, a discussion on this year's budget battle from today's "washington journal." >> host: back at the table is the president of club for growth, talking about the republican agenda for the 113th congress. let me show our viewers the "washington times" from mondays and the headline, g.o.p. shut down and sanity jolt as a way to press need for cuts." when it comes to the next budget battles ahead, republican senators, ted cruz, and others, laying the ground work. are you part of the effort or consulting with them on this? what do you think about it? >> guest: we supported people like cruz and others champions of economic freedom in the senate and other house members. we do that because we want fiscal sanity in washington. we endorse people at the club for growth we think hold a pro-growth view,
replaces treasury secretary geithner. i think that will have a big affect on stock markets and on the country's credit rating. i think it will have less of an effect on jobs initially. >> interesting. that much on tim git neareithne departure. the rich are getting richer. the richest added $241 billion to their value. where are they finding their fortunes? >> great question. three main places where we're seeing the rich getting richer. first in emerging markets. a lot of very rapid wealth creation happening. i think that's adding a lot more billionaires to these lists. the second is the fact that real estate values, especially state side, are starting toic tick up. a lot of billionaires have a lot of real estate. and all of the major stock market indexes have been up in the past year. a trend we've been seeing and hearing about. forbes has been tracking this closely for the past year. we'll see it continue next year. we're actually getting ready to release our billionaires list in march. we'll see some newcomers this is a story that continues. >> for sure. how about the ara
Search Results 0 to 44 of about 45 (some duplicates have been removed)

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